Another ugly day yesterday as the markets couldn't muster even a minor bounce after five down weeks. The situation in Europe continues to get worse and the global economy is in an obvious slowdown. No sector has underperformed worse than financials so far this year and today was not an exception as the entire sector sold off again. Rodney Dangerfield got more respect than financials have received so far in 2011. However, intrepid investors might want to start to look through the rubble to find firms in the sector that have been unfairly punished and represent good bargains at current valuations. Here are three that have low valuations, rising earnings estimates and are significantly below price targets to consider:
Metlife (MET) - MetLife, Inc., through its subsidiaries, provides insurance, employee benefits and financial services in the United States, Latin America, the Asia Pacific, Europe, the Middle East and India. It
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ANIXTER INTERNATIONAL APPLE COMPUTER APPLIED MATERIALS ARIAN SEMICONDUCTOR EQUIPMENT ARROW ELECTRONICS
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